economics, Winning Bolivias Drug War Economics 200 November 20, 2001 Economics is Winning Bolivias Drug War A 1998 phrase from the New York Times reported that Bolivia was winning its war against do drugss as a result of two factors that influence the market for coca, which is utilise to make cocaine. First, Bolivian soldiers raided a number of coca plantations and ruined the crops. Second, Colombians began growing more of their own coca and, as a result, now buy less from Bolivia than in the past. I am proposing that the basic principles of supplying and requisite are what helped to solve the drug problem.
The following paragraphs will support my argument. Figure 1 shows the supply and demand curves before and after the changes occurred in Bolivia. As you asshole see, after the coca plantations were raided, the supply of cocaine was cut short, frankincense shifting the supply curve to the left. Also, because Colombians began growing their own coca, demand decreased for th...If you want to get a full essay, put up it on our website:
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